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    Industrial Property in Santa Clara Title is generated by Realmo AI

    3501 Thomas Road, Santa Clara, CA

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    Industrial property with 39,068 square feet of space.

    Type:INDUSTRIAL
    Property size:
    39,068 SF
    Lot size:
    2.47 Acres
    Price / SF:
    $307/SF
    Added:
    Sep 25, 2025
    Days on Market:
    262
    Last Refresh:
    May 20 at 9:10 pm

    Property Features for 3501 Thomas Road

    General Information

    Standard status
    Active
    Size
    39,068 SF
    Lot size
    2.47 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    William F. Steele

    Listing agent William F. Steele License #RE#00938326

    Listing office Newmark | San Jose

    Listing date Sep 25, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Newmark | San Jose

    HighLights

    • 39,068 square feet of industrial space.

    Overview

    This industrial property, located at 3501 Thomas Road in Santa Clara, California, offers 39,068 square feet of space. The property is classified as an industrial property and other industrial property.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.01M $25.80
    − Vacancy −$76.4k −$1.96
    EGI $931.6k $23.84
    − OpEx −$279.5k −$7.15
    NOI $652.1k $16.69
    39,068 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $9.32M
    $8.15M – $10.87M (±1% cap)
    NOI $652,086 @ 7.0% cap · market cap 5.43%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $23.59M
    $20.64M – $27.52M (±1% cap)
    NOI $1,651,017 @ 7.0% cap · market cap 13.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Core Assets Inc Apartment Building Acroscope LLC Precision ... Industrial Manufacturer csi precision Industrial Manufacturer Ray Jay Engineering Structural Engineer Thanh Tin Financial ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clara
    County
    Santa Clara
    State
    California
    Longitude
    -121.959
    Latitude
    37.3834

    FAQs

    What type of property is this?
    Industrial property - Industrial property with 39,068 square feet of space.
    Where is this industrial property located?
    The property is located at 3501 Thomas Road Santa Clara, CA.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: 39,068 square feet of industrial space.
    (408) 727-9600 Call to check price and availability
    More about this property
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